According to the new market research report "Context Rich System Market by Component (Sensors, Mobile Processor, Bluetooth Low Energy Device, Software), Device Type (Smartphone, Tablet, Desktop/Laptop, Satellite Navigation System, Biometrics), Vertical, and Geography - Global Forecast to 2020", is expected to be worth USD 2.48 Billion by 2020 at a CAGR of 17.39% during the forecast period.
PDF Sample Download :- http://www.marketsandmarkets.com/pdfdownload.asp?id=808
Browse 80 market data Tables and 53 Figures spread through 155 Pages and in-depth TOC on "Context Rich System Market - Global Forecast to 2020"
Early buyers will receive 10% customization on reports.
Software components expected to lead the context-rich system market
The market for software components is expected to grow at the highest CAGR between 2015 and 2020. Software applications play an important role in the context-rich system market; these include context-rich computing, ubiquitous computing, mobile computing, and cloud-based services. Context-rich systems are based on computing technologies and use software APIs to develop apps for smartphones. The advancement in software technologies and networking services will lead the context-rich system market. Thus software components hold the largest market for context-rich systems, in terms of value.
Market in the e-commerce and marketing vertical expected to grow at the highest CAGR between 2015 and 2020
The market for e-commerce and marketing is expected to grow at the highest CAGR between 2015 and 2020. The high demand for shopping apps and promotional offers through smartphones for shopping products is growing rapidly. In the e-commerce sector, by using context-rich applications, customers get the required product with value-added information such as best prices, quality reviews, availability, and offers. This enhances the overall experience of customer experience that helps drive the market in the e-commerce and marketing sector.
North America expected to hold the largest market share and grow at a high CAGR during the forecast period
The context-rich system market in North America accounted for the largest share in 2014 and is expected to grow at the highest CAGR among its peers between 2015 and 2020. Reasons for this growth are adoption of new information technologies (cloud services, web development, and other computing technologies)and rising demand for upgraded technologies. Thus, the increasing development of software applications and the presence of big players are expected to drive the context-rich system market in this region.
an Enquiry :- http://www.marketsandmarkets.com/Enquiry_Before_Buying.asp?id=808
Key players in the ecosystem of the context-rich system market profiled in this report are Amazon.com, Inc. (U.S.), Apple, Inc. (U.S.), Google, Inc. (U.S.), Microsoft Corporation (U.S.), iGATE Corporation (U.S.), Baidu, Inc. (China), DS-IQ Inc. (U.S.), Flytxt (Netherlands), InMobi (Singapore), and Securonix (U.S.).
This research report categorizes the global context-rich system market based on components, devices, verticals, and geography. This report describes drivers, restraints, opportunities, and challenges with respect to the context-rich computing market. The Porter’s five forces analysis has been included in the report with a description of each of its forces and their respective impact on the context-rich system market.
MarketsandMarkets is the world’s No. 2 firm in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to a multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors.
M&M’s flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. The new included chapters on Methodology and Benchmarking presented with high quality analytical infographics in our reports gives complete visibility of how the numbers have been arrived and defend the accuracy of the numbers.
We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.
Markets and Markets
UNIT no 802, Tower no. 7, SEZ
Magarpatta city, Hadapsar
Pune, Maharashtra 411013, India
Visit MarketsandMarkets Blog@ http://www.marketsandmarketsblog.com/market-reports/electronics-and-semiconductors
Connect with us on LinkedIn @ http://www.linkedin.com/company/marketsandmarketsWebsite :- http://www.marketsandmarkets.com/